Updated 2 Days Ago
Location
Lima, OH 45804, USA
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Property Overview
The Waterford earns a strong overall impression with high marks for value, location, and amenities, along with a solid trustworthiness rating. Its standout points include competitive pricing, convenient access to nearby points of interest, plenty of photos, and value per square foot that ranks in the 100th percentile compared with nearby properties.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- More space
- Images Available
Floor plans
| 2 Beds 2 Baths Units w/ 50% AMI | 2 bed | 2 bath | 873 sqft | $875 /mo | 1 unit available | All apartments are nice clean 2 bedroom, 2 bathroom units with central heat, central AC, and unfinished basements containing washer/dryer hookups. Property has parking right outside the unit and a yard in the center of the community. Tenants provide their own appliances or they can be included for a separate rent. Tenants pay utilities. 1 month - 2 months security deposit required depending on results of background check. Pets will be considered with additional pet deposit. Renter's insurance is required. Residents can provide proof of insurance or purchase it through us for $15 / month. Maximum income restrictions exist for some units. Please contact us with any questions or to secure your spot! Thanks! Call 419-721-6808 for inquiries ! | |
| 3 Beds 2 Baths w/ 50% AMI | 3 bed | 2 bath | 1,079 sqft | $975 /mo | 1 unit available | All apartments are nice clean 3 bedroom, 2 bathroom units with center heat, central AC, and unfinished basements containing washer/dryer hookups. Property has its own parking right outside the unit and a yard in the center of the community. Tenants provide their own appliances or they can be included for a separate rent. Tenants pay utilities. 1 month - 2 months security deposit required depending on results of background check. Pets will be considered with additional pet deposit. Renter's insurance is required. Residents can provide proof of insurance or purchase it through us for $15 / month. Maximum income restrictions exist for some units. Please contact us with any questions or to secure your spot! Thanks! Call 419-721-6808 for inquiries ! |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 92 |
|---|
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About The Waterford
All apartments are nice clean 3 bedroom, 2 bathroom units with center heat, central AC, and unfinished basements containing washer/dryer hookups. Property has its own parking right outside the unit and a yard in the center of the community. Tenants provide their own appliances or they can be included for a separate rent. Tenants pay utilities. 1 month - 2 months security deposit required depending on results of background check. Pets will be considered with additional pet deposit. Renter's insurance is required. Residents can provide proof of insurance or purchase it through us for $15 / month. Maximum income restrictions exist for some units. Please contact us with any questions or to secure your spot! Thanks! Call 419-721-6808 for inquiries !
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, The Waterford is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Waterford has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Waterford stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, The Waterford is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Waterford is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Waterford does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The Waterford provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How The Waterford compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- More space
- The 3-bedroom is 540 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
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Rent trends in Lima
If you decide to upgrade your space, you can expect 2-bedrooms at The Waterford to be 20% less than the average for similarly sized apartments in Lima.
3-bedroom apartments at The Waterford cost about 33% less than the average rent price for 3-bedroom apartments in Lima.
Median rents as of Sep 5 2026.
Lima
| Month | Median Rent |
|---|---|
| September 2024 | $595 |
| December 2024 | $673 |
| January 2025 | $695 |
| April 2025 | $650 |
| May 2025 | $720 |
| June 2025 | $547 |
| July 2025 | $425 |
| August 2025 | $425 |
| September 2025 | $960 |
| October 2025 | $857 |
| November 2025 | $826 |
| December 2025 | $840 |
| January 2026 | $604 |
| February 2026 | $540 |
| March 2026 | $565 |
| April 2026 | $650 |
| June 2026 | $1,283 |
| July 2026 | $1,112 |
| August 2026 | $820 |
| September 2026 | $800 |
Affordability calculator
Can I afford to live at Lima?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$35,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,000 annually to afford this 2-bedrooms monthly rent price of $875.
For more information on rent affordability, visit our rent calculator.
Schools near The Waterford
Unity Elementary School
925 e 3rd st
lima, OH, 45804
PK, K-4Public
C
Delphos City Schools (Preschool)
901 wildcat ln
delphos, OH, 45833
PKPublic
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Internet available near The Waterford
Neighborhood
Getting around OH 45804 near Lima
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for Lima, OH 45804
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
5/10
Variety of shops within a short drive
Cafes
4/10
Some cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
2/10
At least one high school within a 30-minute walk
Nightlife
5/10
Variety of bars within a short drive
Explore the area around Lima
Meat City
801 E Kibby St
Sam's Club
1150 Greely Chapel Rd
ALDI
2290 Harding Hwy
Dairy Market
531 W Kibby St
Walmart Supercenter
2400 Harding Hwy
Sam's Club
1150 Greely Chapel Rd
Wise Footwear
1008 Bellefontaine Ave
St Vincent de Paul Society
692 S Main St
Goodwill
2100 Harding Hwy
Gabe's
2100 Harding Hwy
Tropical Smoothie Cafe
1570 Harding Hwy
BIGGBY Coffee
1519 Harding Hwy
Dunkin'
1122 Bellefontaine Ave
King of Hartz Nutrition
1062 Bellefontaine Ave
BIGGBY Coffee
1001 Bellefontaine Ave
Hermie's Party Shop
1802 Saint Johns Rd
Wings and Rings
1939 Roschman Ave
Applebee's Grill + Bar
1925 Roschman Ave
20th Century Lanes
547 S Main St
Zinum 12
134 W High St
Sam's Club Bakery
1150 Greely Chapel Rd
Long Life Unlimited
328 E Kibby St
Winans Chocolate & Coffee
207 S Central Ave
Mello Creme Donuts
822 S Metcalf St
Walmart Deli
2400 Harding Hwy
Cook Park
Foundry Park
Meadow
Park
Lincoln Park
Mama Dots Soulfood Kitchen
1290 Saint Johns Ave
Kewpee Hamburgers
1350 Bellefontaine Ave
Arby's
1420 Bellefontaine Ave
Texas Roadhouse
1940 Roschman Ave
Olive Garden
1936 Roschman Ave
Jefferson Apartments
South Main
Unity School
South Main
Milburn & 2nd St.
South Main
Rumpke
Eastgate
4th and St. Johns
Eastgate
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Check availability
This property is intended for those with income restrictions.